| TYPE OF COURSE UNIT | Elective Course |
| LEVEL OF COURSE UNIT | Bachelor's Degree |
| YEAR OF STUDY | - |
| SEMESTER | - |
| NUMBER OF ECTS CREDITS ALLOCATED | 5 |
| NAME OF LECTURER(S) | -
|
| LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students;
1) Understand the logic of governmental intervention in markets and the reasons for public production of some goods and services in a free market economy.
2) Understand why and how the government intervenes in markets and produces goods and services.
|
| MODE OF DELIVERY | Face to face |
| PRE-REQUISITES OF THE COURSE | No |
| RECOMMENDED OPTIONAL PROGRAMME COMPONENT | None |
| COURSE DEFINITION | The main objective of this course is to present an introduction into the public economics theory. The central theme of the course is government?s role in promoting economic efficiency and equality in the distribution of income and wealth. With special emphasis on the role of the government in complementing the markets in case of any market failure, among others the course also covers the history and normative theories of government intervention, public expenditure theory and the theories related with the political decision making processes in the government. |
| COURSE CONTENTS | | WEEK | TOPICS |
|---|
| 1st Week | Introduction to Public Economics | | 2nd Week | The Position, Necessity and Scope of the Public Sector | | 3rd Week | Types of Government Economic Activities and Size of Public Sector | | 4th Week | Fundamental Theorems of Welfare Economics | | 5th Week | Public Goods and Efficient Provision of Public Goods | | 6th Week | Externalities and Internalising the Externalities: Public/Private Solutions | | 7th Week | Natural Monopolies, Privatisation and Regulation & Public Choice Theory ; Decision Making in Public Sector | | 8th Week | Ara Sınav | | 9th Week | Public Expenditures and Cost - Benefit Analysis | | 10th Week | Public Revenues and the Theory of Taxation | | 11th Week | The Effects of Taxation; Optimal Taxation; Efficiency Issues in Taxation | | 12th Week | Income Distribution | | 13th Week | Public Economics and Fiscal Policy | | 14th Week | Public Sector in Turkey: Education, Health and Social Security Policies |
|
| RECOMENDED OR REQUIRED READING | Joseph E. Stiglitz (2015), Economics of The Public Sector, 4. Ed. New York: W. W. Norton.
Fatih Savaşan (2019), "Piyasa Başarısızlığından Devletin Başarısızlığına: Kamu Ekonomisi", 8. Basım, Dora Yayınları |
| PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Discussion |
| ASSESSMENT METHODS AND CRITERIA | | | Quantity | Percentage(%) |
|---|
| Mid-term | 1 | 40 | | Quiz | 1 | 10 | | Total(%) | | 50 | | Contribution of In-term Studies to Overall Grade(%) | | 50 | | Contribution of Final Examination to Overall Grade(%) | | 50 | | Total(%) | | 100 |
|
| ECTS WORKLOAD |
| Activities |
Number |
Hours |
Workload |
| Midterm exam | 1 | 1 | 1 | | Preparation for Quiz | 1 | 9 | 9 | | Individual or group work | 14 | 3 | 42 | | Preparation for Final exam | 1 | 30 | 30 | | Course hours | 14 | 3 | 42 | | Preparation for Midterm exam | 1 | 25 | 25 | | Laboratory (including preparation) | 0 | 0 | 0 | | Final exam | 1 | 1 | 1 | | Homework | 0 | 0 | 0 | | Total Workload | | | 150 |
|---|
| Total Workload / 30 | | | 5 |
|---|
| ECTS Credits of the Course | | | 5 |
|---|
|
| LANGUAGE OF INSTRUCTION | Turkish |
| WORK PLACEMENT(S) | No |
| | |
